PLEASE NOTE: We are OPEN. However, due to partial remote workplace staffing, the telephone number for Lawrence R. Jensen & Associates is temporarily changed to 408-656-1520. We are available by phone and teleconference to our clients and for new client phone consultations. We look forward to serving your legal needs.
When forming a business, various formation structures are available to select. The structure you choose determines your liability and tax structure. If you formed your company with another person or with multiple different people, you might want to consider the...
For many California business owners who have recently launched their enterprise, the possibility of their business getting suspended doesn’t typically come to mind. However, state law requires businesses follow certain rules. If they don’t, they could face a business...
When starting a new business, there are many different structures to select. They all have both strengths and weaknesses, and none is inherently better or worse. Nevertheless, this does not mean that the structure you choose does not matter. On the contrary, the...
As a small business owner, you have numerous responsibilities, not the least of which involves meeting the state’s requirements to operate in California. Among the daily, weekly, monthly, biannual and annual tasks you must fulfill, part of running your corporation or...
When deciding how to build your business, you want to pick the entity that will provide you with most protections and benefits. Many new business owners opt to form an LLC. However, there are pros and cons to all types of entities. Even a popular one, like an LLC, has...
When you start a business, you want to take the right steps for success in both the short-term and long-term. One of the most vital aspects involved is the creation of your business entity. There are many different formation options to choose. But often the best...
When two or more people opt to start a business venture, they often consider structuring as a partnership. If they ultimately decide a partnership is the right entity after evaluating the pros and cons, they’ll need to decide the type of partnership to form....
Franchise parent companies generally require franchisees to sign a contract. However, as noted by Chron, a part of the daily Houston Chronicle newspaper, a franchise agreement may not stipulate that franchisees form a specific business structure. A sole...
The managing partner of a business structured as a partnership takes on the responsibility for its day-to-day operations. He or she has decision-making authority whereas the other partners may provide operating and growth capital in exchange for the business’s...
As an aspiring entrepreneur or business owner, one of the first steps you face is deciding what form of business organization (also known as a business entity) to choose for your business. Each one has its own benefits. At the same time, they all have drawbacks, too....
